Congress approved a rewrite of rules touching every corner of finance, from ATM cards to Wall Street traders, in the biggest expansion of government power over banking and markets since the Depression.

Republican National Committee Chairman Michael Steele sparked a political frenzy recently when he alleged that President Obama is responsible for the war in Afghanistan and questioned the prospects of a U.S. victory in the region.

What about demographics — an aging boomer population — and a crappy economy that has the 55+ cohort postponing retirement and consequently crowding out the younger generation (parents keeping their own kids/grandkids out of the job market...

The UMichigan consumer confidence index dropped from from 76, the best number since January 2008, to 66.5, the lowest since August 2009, on expectation of 74.5. The expectations component came in at 60.6 versus expectations of 68.5...

Based on empirical evidence presented previously by David Rosenberg, and also confirming all the macro economic data seen in the past two months, virtually assures that the US economy is now fully in a double dip recession scenario."

This poorly drafted hodgepodge--most provisions have nothing to do with the true causes of the financial crisis--will drastically expand the power of the federal government, create new bureaucracies staffed with thousands, and do little to help the s

The Senate passed the financial overhaul package in a final vote, ending a year of wrangling over the shape of the landmark legislation. The focus now shifts to implementing the new regulations over coming weeks and months.

We have been targeted for an economic, military, and social coup d’état by globalists who know that to get people to accept a new way of life under the heel of the new world order requires that the pillars of everything we knew before are pulverized.

But there was another message, too, sent through the Canadian police: “If you don’t like it, how about a rubber bullet?” It looks like G-20 countries will deal with opposition to their plans through martial law and police brutality.

The deflation threat continues as the drop in total retail sales persists, with the latest number coming in at -0.5%, once again worse than expectations of -0.3%, compared to a prior revised number of -1.1%.

All US banks would have lost money last year if it hadn't been for your taxpayer dollars, and, indeed, all but the 6 biggest did. They received many trillions in public funds, all of which are a loss to you, who have also lost those $7 trillion on...

In a nutshell, 63% of respondents confirmed things in the nation are headed in the wrong direction, 71% disbelieve Kool Aid pushers and say it still feels like the economy is in a recession, with 13% convinced a double dip is coming...

38% of small businesses are using credit cards as a funding mechanism (!!!) At today's pricing this is suicidal. If this number indicates those small business who have effectively been forced into this use of credit (we're in deep kimchee...

Well today another leading indicator is rolling over. It's the Pulse of Commerce Index (PCI), which basically tracks fuel consumption across the U.S. faster than many of the other leading indicator data sets can come out.

"The U.S. economy faces hurricane force headwinds and the government is at the center of the storm, making an economic recovery very difficult." Please don't let this prevent robots from gobbling up futures as AA manages a stunningly manipulated...